Author Archives: Ramki

About Ramki

Over 25 years of market experience that I would like to share with you through these pages. Check out the various links and see what interests you. Come back regularly for more. Tell your friends. Enjoy!

The Pound can still hurt you!

You might have been saved by my previous post but believe me, the Pound still has the potential for significant wild moves in the next few sessions. Continue reading

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Posted in GBP | Tagged | 2 Comments

Should I sell Citi?

Some of you must have bought Citi when it was trading below $12. (see my post Let’s join the “Rescue Citi” effort! ) Sure I am looking for this stock to double in the medium term Continue reading

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Posted in US Stocks outlook | Tagged , | Leave a comment

What is the outlook for SNP500

What is the outlook for S&P500 once we get the US Presidential Election results? This is the question that most traders of US stocks and options have in their mind. Let me start with the assertion that we are still … Continue reading

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Posted in S&P500 | Tagged , , | 5 Comments

Should we buy Reliance Industries now?

The Indian Central Bank has cut rates, and Reliance looks well bid. Should we buy Reliance here? My response is No. We will see another dip in this stock and let us look at it again at that time. If you have purchased this stock when it was around 1000, then you should look to get out on this rally Continue reading

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Posted in Indian Stocks Trading | Tagged , , | 2 Comments

Is Sterling headed back to 1.5250?

Having failed at 1.6670 levels, the Pound has come off by over six big figures already. Question is whether we will see 1.5250 soon? There is not much of a doubt that GBP/USD is in a bear trend, and some might think that all we need now is an overlap of 1.5934 to call a direct test of 1.5250 Continue reading

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Posted in GBP | Tagged | Leave a comment

Sterling whips around.

The Forex markets have been known to be very liquid. But today the liquidity was at its lows. Spread on GBP/USD was 15 pips wide for a mere 10 million quote even when London was in full swing. I imagine this must have been the case even yesterday in NY time because the currency just tore straight up Continue reading

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A look at BP Plc

Someone wanted to me comment on BP. I am not sure whether she wanted me to look at the British Pound or the British major BP Plc. So I did both. Continue reading

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Posted in European Stocks | Tagged , , | Leave a comment

Euro hurts the bears

I had looked for Euro to find good offers at 1.3045 levels and recommended a sell at 1.3037 with a stop at 1.3057. The currency did not even pause at either level and reached a high of 1.3294. Every once in a while we will encounter such a situation, and you need to be prepared for it. The lesson here is Continue reading

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Posted in Euro | Tagged | Leave a comment